1. Explain The Interpretive Difference Between Goods And Services Unsolicited Good and Services Act 1. Explain the interpretive difference between‘means’ and ‘include’‚ using the definitions in section 2. The word ‘means’ suggests that the definition that accompanies it is exhaustive and...
Explain how consumers choose goods and services to maximize their utility. Explain the difference between public goods end common resources. Give an example of each. Explain and evaluate the following statement. People often say they would like to have more money,...
(正确答案:GNP refers to the market value of goods and services produced by the property and labor owned by the residents of aneconomy.GDP measures the market value of all goods and services produced within the geographic area of an economy.Thedifference between GNP and GDP is that the former...
Explain the different types of pricing in ICT services. What are the differences between fascism, dictatorship, and totalitarianism? What is the difference between appendix and annexure? What is the difference between a direct democracy and a representative democracy, and what i...
1. Usingexamples‚explainthedifferencebetweenobscene and indecent materials. Obscene and indecent both have different meanings but are similar in many ways. Obscene material is described as disgusting or repulsive but indecent material is described as being offensive to the public. ...
Explain how an increase in the price level affects the real value of money. Explain the difference between nominal and real variables, and give two examples of each. What factors affect the money market and equilibrium interest rates? Explain, and show diagrammatically, what happen...
经济学名词解释资料(Economic terms explain the data).doc,经济学名词解释资料(Economic terms explain the data) Economics is a modern independent discipline that studies how a society uses scarce resources to produce valuable goods and services and distr
Explain impact of quota on the imported goods. Explain the impact of a quota on imported goods. Explain human rights. Explain the difference between safeguard import tariff and import tariff. Explain how retaliation to a trade restriction affects the gains from trade. ...
Explain the difference between normal profit and economic profit. Profit: In economics very firm operates to earn profit from the production of its goods and services. Profit is referred as the price which the producer earn from selling an extra unit of its produced good. Gaining profit for any...
Define the following term and give an example: Inferior good. Define and explain the difference between normal goods, inferior goods, and luxury goods. Give three examples of scarce goods and explain what is it about these goods that make them scarce. Also, ...